Ahead of Monday's holiday for Vesak Day, the Singapore stock market had ended the two-day slide in which it had dropped more than 80 points or 1.6 percent. The Straits Times Index now sits just beneath the 5,040-point plateau and it may see further upside on Tuesday.
The global forecast for the Asian markets suggests mild upside on support from the technology shares. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.